Divestments of Oil Assets: NCDMB warns against reduction in compliance, tax revenue
The ongoing and planned divestments of onshore assets by some international operating…
Lokpobiri addresses delay in ExxonMobil, Eni divestments, says we’re resolving the issues’
Heineken Lokpobiri, the minister of state for petroleum resources (oil), said the…
NNPC, NCDMB, IOCs sign deal to reduce contracting cycle to 180 days
In a bid to improve efficiency and reduce cost per barrel, the…
NDDC suspends payment of N1bn agent fee
The Acting Managing Director of the Niger Delta Development Commission, NDDC, Dr…
FG, oil companies to negotiate arrears of PSC obligations
The federal government and international oil companies operating in the country are…
NPA suspends service boat operations to foreign oil firms over accumulated debts
The Nigerian Ports Authority (NPA) has suspended service boat operations to debtor…
Ghana, Exxon Mobil for direct negotiations on oil block
Ghana's Minister of Energy, Boakye Agyako, has invited Exxon Mobil Exploration and…
NNPC, IOCs plan joint security apparatus to curb oil, gas sabotage
The Nigerian National Petroleum Corporation (NNPC) is working closely with the international…
FG pays $400m first tranche of cash call debts to IOCs
The Federal Government said it had released $400 million to settle outstanding…
Kachikwu urges IOCs to build signature refineries in Nigeria
Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has made…